All categories

1 year ago

Reston had income of $204 million and average invested assets of $1,990 million. Its return on assets is?

Business

1 answer:

victus00 [196]1 year ago

5 0

Its return on assets is 0.1025.

Given,

Income = $204 million

Average invested assets = $1,990 million

Return on assets = Net income / total assets

= $204 million / 1,990 million

=0.1025

Therefore, Return on asset is 0.1025.

Return on assets (ROA) is a measure of how efficiently a company uses the assets it owns to generate profits. Analysts, managers, and investors use Return on assets to evaluate a company's financial health.

Net income is what the business has left over after all its expenses, including salary and wages, cost of the goods or raw material and taxes.

To learn more about Return on assets here:

brainly.com/question/14969411

#SPJ4

You might be interested in

Jose Ramirez worked 38 hours last week at a pay rate of $7.25 per hour. What was his gross pay? Bill Green, a storm-door salesma

AVprozaik [17]

Answer:

Jose Ramirez worked 38 hours last week at a pay rate of $7.25 per hour. What was his gross pay?

Jose Ramirez's gross pay = 38 hours x $7.25 per hour = $275.50

Bill Green, a storm-door salesman, sold $5,000 worth of doors and received a commission of $400. What was his rate of commission?

Bill Green's commission rate = $400 / $5,000 = 8%

With a base salary of $250 and a commission of 4% of all sales, compute Cindy Nelson’s salary for the following weeks:

Week Base Salary Sales Commission Total Salary

1 $250.00 $890.00 $1,140.00

2 $250.00 $1,126.00 $1,376.00

3 $250.00 $975.00 $1,225.00

4 $250.00 $824.00 $1,074.00

If I work 45 hours my salary will be

= (40 x $7.25) + (5 x $7.25 x 1.5) + ($800 x 2%) = $290 + $54.38 + $16 = $360.38

Your paycheck lists $324.25 as your gross earnings. Is that correct?

no, it should be $360.38

Arlene Grossman earns $235 per week. Her federal income tax is $36.00. Her FICA tax is 6.2%. Arlene is also subject to a 3% state income tax and a 1% city tax. What’s her net pay?

= $235 - $36 - ($235 x 6.2%) - ($235 x 3%) - ($235 x 1%) = $175.03

Will Brown, who pays weekly union dues of $3.00, earns $289 per week. His federal income tax is $39.13 and his FICA tax is 6.2%. He pays a 4% state income tax, a $15.00 annual city tax, and 2% of his pay to his retirement fund. What’s his net income for the week he pays the city tax?

= $289 - ($289 x 2%) - $39.13 - ($289 x 6.2%) - [($289 x 98%) x 4%] - $3 - $15 = $289 - $5.78 - $39.13 - $17.92 - $11.33 - $3 - $15 = $196.84

3 0

4 years ago

Read 2 more answers

The dunder-mifflin paper company has been suffering an even greater spate of shirking by the accounting staff ever since its emp

melisa1 [442]

Maybe because the primary staff weren't doing their jobs right so it didn't affect the sales staff...

Hope this helps

7 0

3 years ago

Modesto broker Killian Johnson has just received a money deposit and the related instructions from the buyer, Luis Alverez. Whic

Angelina_Jolie [31]

Answer:

B) Deposit into Killian’s account, then figure out his commission, deduct that number to arrive at the final amount (due to the principal) and then write a check to the principal for the monies due to him, within 3 business days.

Explanation:

Killian can deposit the money in the principal's account, in an escrow account or even deposit it in the broker's trust fund, whatever suits his mind or has been previously agreed with the seller, but he cannot keep the money for himself. Killian can only collect his commission once the sale has been completed.

There is no such thing as commissions in advance, since there is always the possibility that the deal is not completed, e.g. the house might burn down, the banking system may completely collapse, the buyer or seller might die, etc. Even though the possibility of extreme events occurring may be very low, it still exists.

5 0

3 years ago

Suppose that the current wage rate is $40 per hour, the rental rate of land is $10,000 per acre, and the rental rate of capital

MakcuM [25]

Answer:

The firm is not maximizing profit.

Explanation:

Under the profit maximization theory for two or more inputs, a firm or producer maximizes his profit at a point where the ratios of the marginal producer to cost per unit of each input are equal to one another. This implies that profit is maximized when profit per dollar of all goods are equal. Therefore, profit is not being maximized by the firm is this condition does not hold.

Based on the this question, profit is being maximized by the firm if we have the following:

MPL/W = MPLA/RL = MPC/RC ……………………………. (1)

Where;

MPL = Marginal product of labour = $800

W = Wage rate = $40

MPLA = Marginal product of an acre of land = $150,000

RL = Rental rate of land = $10,000

MPC = Marginal product of capital = $40,000

RC = Rental rate of capital = $1.000

Substituting the values into equation (1), we have:

$800 / 40 $\neq$ $150,000 / $10,000 $\neq$ $40,000 / $1,000

$20 \neq 15\neq 40$

Since $20\neq 15\neq 40$ , this implies that the firm is not maximizing profit.

To maximize profit, the firm will have to adjust its number of inputs use until MPL/W = MPLA/RL = MPC/RC.

6 0

4 years ago

An investor considers investing $20,000 in the stock market. He believes that the probability is 0.29 that the economy will impr

Dmitrij [34]

Answer: See explanation

Explanation:

a. What is the expected value of his investment?

Based on the information given, this will be:

= (0.29 x $26000) + (0.35 x $20000) + (0.36 x $14000)

= $7540 + $7000 + $5040

= $19580

b. What should the investor do if he is risk neutral?

If the investor is risk neutral, then he should invest $20000.

c. Is the decision clear-cut if he is risk averse?

If the investor is risk averse, then it should be noted that he should not invest $20000 since the expected value of the investment will be lesser than its investment. In this case, the decision isn't clear cut if he's risk averse.

3 0

3 years ago